Eduardo is a 45-year-old married man from Talibon, Bohol. A father of a 9-year-old daughter, Eduardo toils the land and grows rice. He has been growing rice for almost 10 years. He requested a loan of 5000 PHP to buy fertilizer, rice seedlings and pay a laborer's fee, to improve his yield. Eduardo hopes that he could expand his farming business to support the need of his growing child.
About Community Economic Ventures, Inc.
Community Economic Ventures, Inc. (CEVI), based in Bohol, was awarded the Platinum Award for Transparency in Social Performance Reporting by CGAP. Social performance monitoring is imperative in measuring a microfinance institution’s effectiveness. The fact that CEVI is participating in this process speaks volumes about the organization’s commitment to serving its clients effectively. In addition to providing credit for its clients, CEVI provides savings, insurance, and training through regular cluster group meetings.